M&A Deal Summary |
|
|---|---|
| Date | 2023-06-19 |
| Target | Eldor - Electric Hybrid Systems |
| Sector | Electrical Equipment |
| Buyer(s) | BorgWarner |
| Sellers(s) | Eldor |
| Deal Type | Divestiture |
| Deal Value | 75M EUR |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Automotive |
| Employees | 38,300 |
| Revenue | 14.1B USD (2024) |
BorgWarner is a global supplier of highly engineered automotive systems and components primarily for powertrain applications. The Company's products help improve vehicle performance, fuel efficiency, stability and air quality. These products are manufactured and sold worldwide, primarily to original equipment manufacturers of light vehicles, vans and light trucks. BorgWarner was founded in 1987 and is based in Auburn Hills, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 17 |
| Sector: Electrical Equipment M&A | 6 of 6 |
| Type: Divestiture M&A Deals | 4 of 4 |
| Country: Italy M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 7 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-02 |
Drivetek
Brügg, Switzerland Drivetek offers engineering and product development services for inverters, electric drive solutions, and power electronics as well as a line of products that include specialized inverters for high-speed electrified turbomachinery. Drivetek is based in Brügg, Switzerland. |
Buy | - |
Eldor Corporation develops components and systems aimed at optimizing combustion performance and CO2 reduction and performing and efficient systems for vehicle electrification (hybrid and electric platforms). Eldor Corporation is based in Orsenigo, Italy.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Electrical Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Italy M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
